World Color Press Listed on Toronto Exchange, Adopts Rights Plan
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An aggregate of 73,285,000 Common Shares, excluding Common Shares issuable upon exercise of the Series I Warrants and Series II Warrants and upon conversion of the Company’s Class A Convertible Preferred Shares, have been reserved and accepted for listing by TSX, of which it is anticipated that 64,128,994 Common Shares, 5,533,725 Series I Warrants and 5,533,725 Series II Warrants will commence trading on TSX on the listing date, with the remainder of the Common Shares, Series I Warrants and Series II Warrants being held in escrow pending release on subsequent distribution dates in accordance with the terms of the Company’s Canadian and U.S. Plans of Compromise and Reorganization.
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